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The truth about bank feeds: Busting the top three myths

Xero

Bank feeds truly unlock the power of Xero for a small business. At Xero, we’ve been embracing open banking concepts for over 10 years, but the launch of UK Open Banking in 2018 accelerated the coverage and quality of direct bank feeds. But in reality, Xero bank feeds are protected by multiple levels of security.

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Navigating Success with the Best Accounting Software for CPAs and Accounting Firms

CapActix

That’s where the best accounting software for CPAs and accounting firms comes into play. Customer management software enables businesses to organize and track customer information, deadlines, and conversations, resulting in more efficient interactions and improved client satisfaction.

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What Intuit’s quarterly results say about its battle against Xero, how high growth accounting firms are eating the world, why blockchain won’t eliminate accounting, and more

Cloud Accounting Podcast

QBConnect 2018 - the review no-one else will write — Matt Paff on LinkedIn — Intuit’s theme for QuickBooks Connect was “Anything is Possible” but Matt thinks it should have been “Legacy.” 2018 High Growth Study - Hinge Marketing - Check out this survey of over 1,000 professional services firms from across the globe.

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Is Botkeeper singing a different tune? Follow up on QuickBooks Live, IRS internal controls are a joke, a VERY expensive accounting textbook, and JP Morgan is getting into the blockchain game

Cloud Accounting Podcast

In November 2018, Botkeeper raised $18 million from Greycroft and Gradient Ventures to use AI and machine learning to automate bookkeeping. Following the VC round, founder and CEO Enrico Palmerino told Accounting Today in December 2018 that Botkeeper is “a full bookkeeper replacement; it’s a robo-bookkeeper.”

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Guide to AP Automation: How to get started with Accounts Payable Automation

Nanonets

In the 2021  World Class AP Performance: Efficiency Benchmarking Metrics report,  IOFM found that companies without Accounts Payable automation paid the highest average cost per invoice of $1.83 This integration lets businesses use the features of AP automation software while sticking to their familiar accounting software.

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147 Cloud Accounting Software Apps: The Big List

Future Firm

If you want to see the best cloud accounting software apps all in one place, then you’ll LOVE this ultimate list. In it, I’ll be sharing 147 of the best cloud accounting software apps on the market. Each item in the list will contain a brief description and will focus on how you can level up your accounting automation.

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When Time-Based Pricing Works (Or Does It?)

Cloud Accounting Podcast

Accountants and bookkeepers love Relay because they get a partner portal, can manage staff access without compromising security, and enjoy enriched direct bank feeds to QuickBooks Online, and Xero. It's almost like- and even Xero when they bought Hubdoc. This was a problem for me, as a cloud accounting practice owner.